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Men are reflected on an electronic display board showing share prices as they look at the board in Tokyo in Japan | Photograph: Kiyoshi Ota/Getty Images
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Sensex sinks again; rupee at record low

October 23, 2008

Chinese, Japanese shares dip

Chinese and Japanese stock markets fell on Thursday. China's efforts to cheer up the beleaguered real estate sector failed to boost sentiment.

The benchmark Shanghai Composite Index was down 44.86 points at 1,850.96.

The government announced late Wednesday it would introduce tax breaks for certain housing transactions from November 1 and relax mortgage rates for first-time home buyers.

Image: Men are reflected on an electronic display board showing share prices as they look at the board in Tokyo in Japan | Photograph: Kiyoshi Ota/Getty Images

Also read: Best nations to do business in; Pak ahead of India
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